2524 BUCHANAN ST N E MINNEAPOLIS MN 55418

PID: 1202924240152

Property Overview

Parcel ID1202924240152

Lot Size4,578 sq ft (0.105 ac)

Lot Dimensions (est.)124 ft wide × 37 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerCORVIN BOLL

Assessed Value$262,800

Land Value$107,000

Building Value$155,800

Annual Tax$3,747

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · Most recent: Sep 2024 (res)

ResSep 2024Closed

Bartylla Plumbing and Heating Inc

ResOct 2023Closed

Bartylla Plumbing and Heating Inc

ResFeb 2022Closed

CenterPoint Energy Resource Corp

ExistresAug 2020Closed

Air Mechanical Inc

ResOct 2018Closed

The Tarbek Company LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Audubon Park · Minneapolis

Median reported rent1,414/mo

Renter-occupied47.2%

Median home value$288K

Vacancy rate1.6%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 11

Market Snapshot

Zip code 55418

Median sale price$345K-3.1% YoY

Median price / sqft$222/sqft

Median days to close36 days

Active listings42

Source: Redfin Data Center (Invalid Date) · Zip 55418

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width27 ft

Buildable depth84 ft

Area~2,261 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,261 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2526 BUCHANAN ST N E MINNEAPOLIS MN 55418	LAUREL ANDERSON	RESIDENTIAL	$337,300	37 ft
2518 BUCHANAN ST N E MINNEAPOLIS MN 55418	K LERDGIDKJON/P LERDGIDKJON	RESIDENTIAL	$329,400	55 ft
2530 BUCHANAN ST N E MINNEAPOLIS MN 55418	J BATES & J T BATES	RESIDENTIAL	$397,700	74 ft
2532 BUCHANAN ST N E MINNEAPOLIS MN 55418	HOWARD & PAULINE DUPRE TRS	RESIDENTIAL	$256,800	111 ft
2514 BUCHANAN ST N E MINNEAPOLIS MN 55418	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	111 ft
2525 PIERCE ST N E MINNEAPOLIS MN 55418	CAROLINE A CASEY	RESIDENTIAL	$363,200	138 ft
2529 PIERCE ST N E MINNEAPOLIS MN 55418	JOHN J METHOD	RESIDENTIAL	$265,600	142 ft
2521 PIERCE ST N E MINNEAPOLIS MN 55418	KEVIN J HAUBRICH	RESIDENTIAL	$309,700	143 ft
2512 BUCHANAN ST N E MINNEAPOLIS MN 55418	PEDRO DIAZ MONDRAGON	RESIDENTIAL-TWO UNIT	$318,400	147 ft
2536 BUCHANAN ST N E MINNEAPOLIS MN 55418	GREGORY GROEBNER	RESIDENTIAL-TWO UNIT	$418,700	148 ft

Property History

Most Recent Sale

Date202409

Price$257,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,747